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0000 Locust Rd - 15.54 Acres ( 40 Residential Lots) Morris, IL
15.54 Acres of Residential Land Offered at $1,063,102 CAD in Morris, IL 60450
Investment Highlights
- 40 single family residential lots preliminary approved.
- All utilities at site.
- 3 street stubs into the subject property.
- Entrance monuments, green space requirements, parks and detention ponds are already in pla…
Executive Summary
Property Facts
| Price | $1,063,102 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Build to Suit | Total Lot Size | 15.54 AC |
| No. Lots | 1 |
| Price | $1,063,102 CAD |
| Sale Type | Investment |
| Sale Conditions | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 15.54 AC |
1 Lot Available
Lot 137
| Price | $1,063,102 CAD | Lot Size | 15.54 AC |
| Price Per AC | $68,411 CAD |
| Price | $1,063,102 CAD |
| Price Per AC | $68,411 CAD |
| Lot Size | 15.54 AC |
15.54 acres preliminary approved for 40 Residential lots - all utilities to site in the middle of a developed subdivision
Description
Up for sale is this 15.5 Acre residential development site in the Deer Ridge Subdivision, Morris Illinois. This is a Builder/Developer's Dream come true. This parcel stands as the final chapter in the esteemed community, offering endless possibilities for builders and developers with a keen vision. The property is already cleared with preliminary approval for 40 residential lots, ensuring a straightforward path to development. Benefit from having all necessary utilities conveniently onsite, streamlining the construction process and lowering initial costs. Entry monuments, green spaces, retention areas and parks are already in place saving the next builder significant time and money. It's the ideal setup for builders looking to hit the ground running. There are 3 road stubs into the subject property providing quick and easy utility access. Elegant entranceways create a welcoming ambiance for all residents and guests. As the final addition to the beloved Deer Ridge community, this development promises premium living spaces within a well-established and thriving neighborhood. Residents will enjoy easy access to nearby schools, parks, shopping centers, and more, ensuring a balanced lifestyle of convenience and relaxation. Morris is a vibrant community and is the County seat of Grundy County,Illinois. Strategically located along I-80 in far Southwest suburban Chicago, this location appeals to many new businesses including the Costco distribution center, the Proctor and Gamble distribution center plus many new restaurants, shops and stores. Downtown Morris continues to be a vibrant mix of quaint stores, unique shops and some good dining options. This is a rare opportunity for builders and developers to make a significant impact in a growing area. For more information, plans, and viewing arrangements, please contact us today. This property is waiting for a visionary developer to seize the moment and transform it into a thriving community cornerstone. Embrace the potential, and shape the future of Deer Ridge!
zoning
| Zoning Code | Residential (Zoned residential.) |
| Residential (Zoned residential.) |
Presented by
0000 Locust Rd - 15.54 Acres ( 40 Residential Lots) Morris, IL
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